the minimum wage: reality check

Sorry not possible.

 

4% of the work force earn minimum wage.

You can't force employers to pay a higher wage than the value of the labor. You never pay more for something than it's worth based on the value you receive, do you?

Slave labor...lol.

Poor people do a great job at accumulating debt...that's one of the reasons that they're always poor.

And finally, yea...deflation of work opportunities for those with very low skills.

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There you go with "need" again. It's a ridiculous argument.

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Thank you!

 

But then when employers manipulate the market...can they be trusted to set that "value" to where they can maximize THEIR profit?

That's a silly argument.

 

How do they manipulate the market? By trying to get the best value for their dollar? Don't we all do that? It's your responsibility to manipulate your value to earn more...if you ask "how", I'll fully understand and will no longer reply to your posts.

 

By promoting a conservative agenda....

By increasing taxes on the middle class and poor and cutting them for the wealthy

By funding organizations like The Heritage Foundation.

By keeping minimum wage well below inflation.

By attacking unions

 

In other words, if they aren't paying what is, to you, a morally appropriate wage, the police powers of the state must enforce your morals upon those evil people. You people are as moralizing as any conservative Christian fundamentalist. You just wrap yourself in a different religion.

 

You have a choice; either the employer pays enough for the employee to live off of or you can have the government pay the difference so they can have the basics to survive. Up to you. I choose the employer.

 

and.....?

 

Workers in these jobs is for teenagers or part time workers. These workers are bums doing an unskilled job anyone can do and thus are paid their worth. If you want more you need to make yourself more valuable or get more skills. No one owes you anything you need to figure it out yourself if you can not you suffer the consequences.

 

The choice is yours. I know people who earn meager salaries and live just fine and I know people who make lots of money and are always scrambling for money. You determine your "living wage", not your employer, not the government. By the way...every single person that I know who has money problems are very stupid with their money.

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The top 5% pay 40% of the tax burden.

 

My issue this is going to kill jobs for young workers, disabled people, minorities and former felons its hard enough now to have these people find jobs and now good luck since its now going to get much harder.

 

in the short run. in the long run, demand should increase because those working have more money to spend.

 

When I was "a teen" I knew that I would not be able to support myself or a family on minimum wage. Isn't this common sense? I wonder, didn't people think?

 

Since when did some jobs become, minimum wage jobs? At one time, persons did not job hop as much.

 

When I was "a teen" I knew that I would not be able to support myself or a family on minimum wage. Isn't this common sense? I wonder, didn't people think?

 

Why don't people think they may advance within a Firm?

 

Try living in NYC on $15 per hour. It'll be an eye opener for you. People at that wage level don't have enough money to be stupid with their money.

 

So what will the Right say now......



that DONALD TRUMP supports "looking into" a hike in the minimum wage???

 

I even pay my uneducated employee's more than minimum wage, they work hard and I can afford to. More importantly they have good attitudes and I don't want people worth minimum wage. They don't want to learn, they tend to think they don't have to work, they have attitudes and they think they are entitled to a job. I don't need the headaches they bring.

I can not afford $15 though and if I were forced to pay that, I'd have to fire some of them. Of course I'd keep the best workers.

 

Wait a minute- you have workers you could do without? You have fat on your business that you can trim but haven't yet? What would be the impact of losing the employee? Why do you hire someone you don't need?

 

How are you going to meet demand if you fire some of them?

 

Lousy capitalists cannot afford, Ford's model.

 

I am a business owner, for over 40 years. My company markets worldwide, with clients in almost 100 countries. I'm saying my exposure to this is more than average, I speak from experience.

The minimum wage really means all wages. While only a small percentage of people work for the minimum, the raise dictated there telegraphs up the ladder so that the proportion of pay to skill remains similar. thus when the $7,50 man starts getting $15, the $15 man wants $30 and so on. Because labor is a huge factor in the cost of all goods, that will always impact inflation in a large way. Remember the product that comes in the door of a business has a great deal of labor wage built into it. The driver who delivers it, the refinery worker who created the fuel, the steel workers that made the steel that made the truck- all of those are labor costs. and they get incorporated into product price. Everything increases in price when wages change arbitrarily. If wages increase because higher productivity pays for increases, inflation is not impacted.

Most people think wages buy time- but time is worthless unless it produces something of value. So we pay people for what they can do, not for their presence. We pay them for making the business run smooth, for helping it grow and profit, and the better an employee does that the more they are worth. You can't legislate that, it has to be the motivation of the employee; they must want to be valuable. Many do... and many don't.

In spite of all the hogwash telling people they are entitled, the truth is that we all make our own path and our own value in life. Totally good and valid guidance for success, for wealth, for all kinds of human endeavor is available for the asking in many places and available to all. Most simply reject that, because it would take too long, it won't work for me, or it's just a con, or but I need it now, or any of a thousand reasons for not acting in their own best interests. Opportunity is everywhere- and it's always changing. If you are going to make something of yourself, you can't wait for it to fall into your bank account, you have to get behind the wheel and take charge as well as responsibility for life. That does not include getting some politician to create law requiring that you be paid more than your worth. Nobody can give you self respect, you have to earn it. Anything less is an illusion and self destructive.

 

I believe unemployment compensation that simply reserves labor at the rock bottom cost of a form of minimum wage whenever labor can claim to be unemployed or underemployed in our at-will employment States would be a more cost effective social safety net because it solves for simple poverty and the capital effects of capitalism's, natural rate of unemployment.

 

8 hours a week? You better be getting a high wage per hour

They will get part time thanks to Obamacare if their jobs even survive the $15 minimum. I dont take in the equivalent of $15 an hour on my fixed income. Are you going to give all of us in this position a raise as well?

I hate to tell you this fact of life but generally the harder you have to work the less you get paid. Otherwise garbage men would be some of the highest paid workers.